This is the report of the Illinois State Scholarship Commission, a governor-appointed body of seven persons, responsible for the administration of nine state authorized and funded aid programs for Illinois postsecondary students. The aid programs of the ISSC, combined with institutional and Federal aid and with the funds expected from parents and the applicant, meet the college costs of the institution of the applicant's choice. The major programs consist of (1) nonrepayable monetary awards and (2) guaranteed educational loans. Among the purposes of the commission programs are to: (1) equalize educational opportunity by removing financial barriers to college; (2) preserve diversity in postsecondary education by permitting freedom of institutional choice; (3) increase the retention of students in postsecondary educational institutions; (4) conserve public funds by making it possible for financially needy students to utilize any otherwise unused spaces at Illinois nonpublic colleges; (5) permit a student's in-school employment workload and/or loans to be at a sufficiently modest level so as not to adversely affect his studies or career plans; (6) combine institutional and federal aid with the funds expected from parents and the applicant to meet the college costs of the institution of the applicant's choice. The text includes tables and statistical data. (Author/KE)